Home Roofing Contractor Free Roofing Contractor Business Plan 2.4 Analysis of cost for Startup, Acquisition or Expansion
2.4 Analysis of cost for Startup, Acquisition or Expansion
We are estimating that James and Carmine of Dependable Roofing will need $108,100 to get their roofing contracting business up and running in Kent county, Michigan. Both James and Carmine will be contributing a total of $75,000 of that total amount, from their own personal savings. They anticipate that they will be able to obtain the remaining $33,100 in the form of a term loan from a local community lender.
The following is a breakdown of how the $108,100 will be spent by Dependable Roofing in the days ahead as they look toward getting their business off the ground:
- Estimated Fixed Assets purchases are anticipated to cost $94,300. These will include capital improvements to the office that will leased, furniture, fixtures and all the office equipment needed. Also included in this is the security deposit. The biggest component of this expense of course will be the customized vans that will be purchased for the business. Two vans customized for the roofing industry will suffice.
- Tools and Equipment will include items like Automatic Welder, Roofing Stapler, Roof Hatch Rail, Guardrail System, Mini Skid Steer Loader, Heating Belt for LPG Cylinders, Insulation Knife, Reusable Swiveling Roof Anchor, Sheet Metal Brake, Magazine Stapler, Fastening Systems Guide, Bending Tools, Installation System Tools,
- Mobile Anchorage Cart, Dump Box, Safety Post, Portable Soldering Iron, Drivable Debris Container, Power Shears, Super Slitter, Thermal Imagers, Profile Shears, Impact Drivers and Wrenches, Warning Line System, Mops and Applicator Brushes, Fall Protection System, Air Membrane Cutter, Hoists, Seam Roller, Fall Protection Kits etc.
- Operating Expenses: These will include items like Bank Charges and Fees, Business and Liability Insurance.
James and Carmine are well aware that if their start up costs turn out to be more than $108,100 as projected, they will have to come up with the difference from their own savings. They are comfortable with this.
Quick Links:
- Go to the Corresponding Template section for this industry.
- Go to the Corresponding Questionnaire section for this industry.
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